Streaming Ultra
Early Stage
We've developed a new revenue sharing streaming platform for video content
Overview
Raised: $54,350
Total Commitments ($USD)
Platform
Wefunder
Start Date
08/29/2022
Close Date
10/12/2022
Min. Goal
$50,000
Max. Goal
$237,500
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$6,250,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/31/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,235
# of Investors
44
Momentum
Funded
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Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Streaming Ultra, with a valuation of $6.25 million, is raising funds on Wefunder. The company has developed a revenue-sharing video streaming platform for creators to share their content. The video streaming platform can be used for multiple niche markets and has launched Athletes.tv and CryptoInfluencers.com already. Athletes.tv has over 100 athlete channels on the platform and is specific for sports-related content. Steve Gerritsen and Chris Miller founded Streaming Ultra in April 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $237,500. The campaign proceeds will be used for marketing, hiring, and monthly operations.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$6,725 |
$536 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-40,792 |
$-57,056 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$9 |
$33 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$9 |
$33 |
|
Short-Term Debt |
$1,500 |
$50,000 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$1,500 |
$50,000 |
Financials as of: 08/29/2022
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